If anything blockchain stocks are the hottest stock market sector currently. Some could think this is a bubble, we InvestingHaven’s research team strongly believes that is just the beginning.

Blockchain is not only here to stay, it is a technology that will transform one of the largest industries that so far have remained untouched by the digital revolution: the finance industry as well as every other activity that needs a middleman. Think about it, our daily lives have been hugely impacted: social media impacted how we interact with friends and family, traveling is not the same anymore as we do not need travel agencies any longer, driving a car is in the process of becoming truly different (think of the self driving car), online shopping has changed our shopping experiences, and so on.

But the finance industry is as old school as you can imagine. Cross border payments can take up till 5 working days until they arrive (amazing, really), notaries are registering transactions between people (why can’t we do peer2peer transactions in 2017?), banks need to step in to register purchases of Treasuries, and so on. The number of use cases in which we have to engage with a middleman is amazing (check out slide 7 for more blockchain registration use cases in this investor presentation of MARA). Blockchain will change that.

Imagine how big blockchain will become once it will pass it starts becoming mainstream.

So really what is Blockchain? “Blockchains are decentralized digital ledgers that record and enable secure peer-to-peer transactions without third party intermediaries.Blockchains are secured by miners that use powerful computer networks to secure and verify every transaction.”

InvestingHaven was one of the first financial blogs to write about Blockchain stocks. In January of this year, for instance, we wrote whether BTL Group is a blockchain stock worth buying. That’s when the stock was trading at 3 CAD, note that this same stock now trades above 7 CAD. 

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